#CryptoClarityAct
The #CryptoClarityAct is a landmark U.S. legislative proposal aimed at providing clear regulatory frameworks for digital assets. Its primary goal is to distinguish between cryptocurrencies that are commodities and those that are securities, resolving long-standing jurisdictional disputes between the SEC and CFTC.
This Act seeks to offer legal certainty for developers, investors, and innovators, fostering growth while prioritizing consumer protection. It outlines registration requirements for crypto firms and aims to prevent insider trading. The bill also includes provisions protecting non-custodial blockchain developers from being treated as money transmitters, and safeguarding peer-to-peer transactions. Recently passed by the U.S. House, it now moves to the Senate for further consideration.
Time to buy now . Expecting next 🔥
